Hurricanes result in considerable damage in the United States. Previous work has shown that Atlantic hurricane landfalls in the United States have a strong relationship with the El Nino-Southern Oscillation phenomena. This paper compares the historical record of La Nina and El Nino events defined by eastern Pacific sea surface temperature with a dataset of hurricane losses normalized to 1997 values. A significant relationship is found between the ENSO cycle and U.S. hurricane losses, with La Nina years exhibiting much more damage. Used appropriately, this relationship is of potential value to decision makers who are able to manage risk based on probabilistic information.